The rise of DeFi protocols has been dramatic over the past several years. With fiat currency showing incredible weakness and economies showing their faults, the general public has been looking for ways to secure their net worth in alternative ways than ‘in the bank.’ One of the most important aspects of this is generating a yield on your capital to ensure your wealth expands alongside the rest of the markets.
Oryen Network (ORY)
Oryen Network is a fresh project, promising value backing and a fixed yield. By holding ORY tokens, you qualify for an APY of 90%, compounding every 60 minutes. To back the value of the token, the Oryen Network team has dedicated a wallet, known as RFV (Risk-Free Value) to ensure the price of the token is maintained alongside the promised yield.
The RFV wallet will generate value from the trading of the token itself, creating a positive feedback loop that assists with long-term sustainability.
This is a much more suitable solution than the other cryptocurrency projects below.
Aave is an incredibly well-known lending platform on Ethereum. Making a huge rise in the last bull run, Aave is now failing to generate returns for holders and is languishing in its price action. Without alternative use cases, we cannot see this reaching all-time high price again.
The DAI stablecoin is the genius invention of the Maker team. Across multiple networks, this USD-pegged token has become the backbone of DeFi. However, the MKR token is suffering from a lack of interest and ways to generate revenue for holders. This is another large-scale protocol that we believe will survive well, but will not be a strong performer on anyone’s portfolio.
SushiSwap is one of the old guards of original decentralized exchanges (DEX). In the last bull market, SUSHI posted great gains for investors. However, with incredibly low volume on the exchange now compared with other DEXs that are more in favor, this is one token that will stay bearish for the foreseeable future.
Oryen Network stands out from the crowd with a clearly defined concept and provides answers to potential problems using innovative solutions. This is likely a strong winner.
For More Information:
Join Presale: https://presale.oryennetwork.io/register
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